Press coverage about Procter & Gamble Co (NYSE:PG) has been trending somewhat negative recently, according to AlphaOne. The research group, a division of Accern, ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Procter & Gamble Co earned a news impact score of -0.01 on AlphaOne’s scale. AlphaOne also gave media stories about Procter & Gamble Co an impact score of 75 out of 100, indicating that recent media coverage is likely to have an effect on the company’s share price in the next few days.
Here are some of the news articles that may have impacted AlphaOne Sentiment’s rankings:
- 5 Things You Didn’t Know About Procter & Gamble (fool.com)
- Procter & Gamble Co (PG) Receives Consensus Recommendation of “Hold” from Brokerages (americanbankingnews.com)
- New P&G commercial on gender equality called a breakthrough ad (bizjournals.com)
- Gillette is working on its newest innovation: a heated razor (bizjournals.com)
- Checking the Overall Picture for The Procter & Gamble Company (PG) (naijaoversabi.com)
PG has been the topic of a number of analyst reports. Citigroup Inc boosted their price target on Procter & Gamble Co from $100.00 to $102.00 and gave the stock a “buy” rating in a research report on Tuesday, January 24th. Jefferies Group LLC set a $99.00 price target on Procter & Gamble Co and gave the stock a “buy” rating in a research report on Monday, January 23rd. B. Riley reissued a “buy” rating and issued a $106.00 price target on shares of Procter & Gamble Co in a research report on Monday, January 23rd. Zacks Investment Research raised Procter & Gamble Co from a “sell” rating to a “hold” rating in a research report on Wednesday, January 18th. Finally, Royal Bank of Canada set a $76.00 price target on Procter & Gamble Co and gave the stock a “hold” rating in a research report on Monday, January 2nd. Two equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and six have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $90.73.
Shares of Procter & Gamble Co (NYSE:PG) traded up 0.07% during trading on Wednesday, reaching $89.97. 6,320,139 shares of the company were exchanged. The firm has a market capitalization of $230.01 billion, a PE ratio of 16.48 and a beta of 0.64. The company’s 50-day moving average is $90.74 and its 200 day moving average is $87.09. Procter & Gamble Co has a 1-year low of $79.10 and a 1-year high of $92.00.
Procter & Gamble Co (NYSE:PG) last issued its earnings results on Friday, January 20th. The company reported $1.08 EPS for the quarter, topping the Zacks’ consensus estimate of $1.06 by $0.02. The business had revenue of $16.90 billion for the quarter. Procter & Gamble Co had a net margin of 23.44% and a return on equity of 18.58%. The business’s revenue was down .3% compared to the same quarter last year. During the same period last year, the business posted $1.04 earnings per share. Equities research analysts expect that Procter & Gamble Co will post $3.84 EPS for the current fiscal year.
In other news, insider Juan Fernando Posada sold 7,000 shares of the stock in a transaction that occurred on Monday, January 30th. The shares were sold at an average price of $86.75, for a total transaction of $607,250.00. Following the transaction, the insider now directly owns 21,989 shares in the company, valued at $1,907,545.75. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Jon R. Moeller sold 3,411 shares of the stock in a transaction that occurred on Tuesday, February 28th. The shares were sold at an average price of $91.21, for a total transaction of $311,117.31. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 401,936 shares of company stock worth $35,928,133. Corporate insiders own 0.35% of the company’s stock.
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About Procter & Gamble Co
The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.
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